Economic Impact of Airbnb in the Philippines

This report analyzes the economic impact of Airbnb in the Philippines, commissioned by Airbnb and conducted by Oxford Economics. It outlines the spending behaviors of Airbnb guests and hosts, detailing the direct, indirect, and induced economic impacts on the local economy. The report states that in 2024, Airbnb guests spent a total of PHP 102 billion on accommodation and related expenses. It highlights that the majority of guests were domestic visitors, accounting for 78% of total guests, with North America being the largest source of international guests. The report further explains the methodology used for the economic impact assessment, which includes quantifying total expenditures and estimating the resulting economic activity. It categorizes the impacts into direct contributions from businesses, indirect effects from supply chain activities, and induced impacts from wage spending. The findings illustrate how Airbnb facilitates economic activity in various sectors, contributing to GDP and job creation in the Philippines.